91����ԭ��

Nigeria and South Africa’s differing approaches to digital payments reflect two distinct paths set to converge in 2026, as regional interoperability takes shape.

More than a year after the Payment Systems Regulator (PSR) introduced its authorised push payment (APP) fraud reimbursement framework, debate over its efficacy and fairness continues, and its future remains uncertain.

On September 1, 2025, the Bank of Ghana published its National Anti-Money Laundering, Counter-Terrorism Financing, and Counter-Proliferation Financing (AML/CFT/CPF) Policy and Action Plan for 2025-2029, a five-year strategic framework that re-defines the country’s approach to financial integrity and compliance. The policy sets out a strategic roadmap to strengthen Ghana’s AML/CFT/CPF regime, with a focus on legal and regulatory reforms, institutional capacity building, inter-agency coordination and private sector engagement. Its objectives include preventing, detecting and prosecuting financial crime, safeguarding the stability and reputation of Ghana’s financial and non-financial sectors, and ensuring full compliance with Financial Action Task Force (FATF) standards.

The Belarusian National Bank is seeking to evolve the country’s crypto framework, tightening the authoritarian government’s grip on the sector and signalling a new phase in its ongoing experiment with digital assets.

By continuing to drive the digital euro forward, the EU is signalling to financial institutions that they should prepare for its introduction, despite ongoing criticism and questions about the project.

The transposition deadline of the revised Consumer Credit Directive (Directive (EU) 2023/2225 on credit agreements for consumers - CCD2) is November 20, 2025. Member states are required to adopt and publish laws, regulations and administrative provisions necessary to comply with the directive by that date.

On October 10, 2025, the UK’s Payment Systems Regulator (PSR) launched a consultation on the methodology for developing a price cap on cross-border interchange fees for transactions between the UK and the European Economic Area (EEA).

Open banking is one of several areas being disrupted by confusion over the future of the US Consumer Financial Protection Bureau (CFPB), as lawmakers seek clarity on recent comments by its acting director, Russell Vought.

Payment authentication is the process of verifying the identity of the person making a payment. It is a fundamental component of card-not-present (CNP) transactions and is a key measure in reducing fraud. This regulatory influencer lays out authentication requirements and exemptions across select jurisdictions in Europe and the Asian-Pacific region.

The news that Burkina Faso, Mozambique, Nigeria and South Africa are no longer subject to increased monitoring with regard to their anti-money laundering regimes should restore confidence among international payments organisations and open the jurisdictions to cross-border activity.